Navratna company NBCC (India) Ltd has reported robust results for the September quarter (Q2), with a 53% increase in profit and over 19% revenue growth. Despite strong earnings, the stock fell by over 4%, closing at INR 90. NBCC operates across PMC (Project Management Consultancy), EPC (Engineering Procurement and Construction), and real estate, establishing it as a leader in India’s infrastructure sector.
Key Financial Highlights for Q2
According to BSE data, NBCC achieved significant growth in several areas:
- Net Profit: Increased by 52.8% to INR 125.1 crore from INR 107 crore in the previous quarter.
- Revenue: Rose by 19.4% to INR 2,458.7 crore, up from INR 2,144 crore in Q1.
- EBITDA (Operating Profit): Improved by 4.6% to INR 100 crore; however, the EBITDA margin declined slightly from 4.6% to 4.1%.
- Earnings Per Share (EPS): EPS grew to INR 0.45 from INR 0.39 in Q1.
Recent Stock Performance and Market Sentiment
NBCC’s stock has seen a downturn, closing at INR 90, with the following performance metrics:
- 52-Week High/Low: The stock’s high was INR 140, and its low was INR 41.
- Market Cap: Approximately INR 24,000 crore.
- Valuation: The stock trades at a P/E multiple of 27x based on FY26 earnings estimates, indicating a bearish trend in the short term.
Over the past week, NBCC’s share price has dropped by 12%, and over the past month, it has declined by 22%, placing it in a technical bearish zone.
Stock Performance Summary
Metric | Details |
---|---|
Current Price | INR 89.50 (-4.24%) |
Open | INR 92.12 |
High | INR 93.27 |
Low | INR 88.32 |
Market Cap | INR 24,140 crore |
P/E Ratio | 55.85 |
Dividend Yield | 0.47% |
52-Week High | INR 139.83 |
52-Week Low | INR 42.53 |
Investment Insights
NBCC has shown substantial earnings growth, yet the stock has experienced a recent decline. The company remains a solid player in India’s infrastructure sector with diversified revenue streams, though short-term stock performance may be impacted by broader market conditions and technical indicators.
Disclaimer: This summary is for informational purposes only. Please consult a financial advisor before making any investment decisions.